TradingView
freddie1996
Jan 5, 2024 3:40 PM

Gold and Silver Bull Market Close By - Short XAUXAG Short

Gold/SilverOANDA

Description

The inverse relationship between XAUXAG and Gold prices is exceptionally strong.

I believe XAUXAG is currently going to continue declining for technical and fundamental reasons.

Fundamentally being that interest rates are likely to come down in the not too distant future and this market will be pricing that in.

Plan B is unlikely and will review if I get stopped out.
More